Stadium Capital Management Trimmed Stake in Computer Programs & Systems (CPSI) as Share Value Declined; Cyrus Capital Partners LP Upped Its Stake in United Contl Hldgs (UAL) by $32.63 Million as Share Price Rose

May 18, 2018 - By Michael Leger

United Continental Holdings, Inc. (NYSE:UAL) Logo

Stephen C. Freidheim increased its stake in United Contl Hldgs Inc (UAL) by 18.4% based on its latest 2017Q4 regulatory filing with the SEC. Cyrus Capital Partners Lp bought 487,000 shares as the company’s stock rose 1.38% while stock markets declined. The hedge fund run by Stephen C. Freidheim held 3.13M shares of the transportation company at the end of 2017Q4, valued at $211.21 million, up from 2.65 million at the end of the previous reported quarter. Cyrus Capital Partners Lp who had been investing in United Contl Hldgs Inc for a number of months, seems to be bullish on the $19.27 billion market cap company. The stock decreased 0.36% or $0.25 during the last trading session, reaching $69.49. About 2.73 million shares traded. United Continental Holdings, Inc. (NYSE:UAL) has declined 0.28% since May 18, 2017 and is downtrending. It has underperformed by 11.83% the S&P500.

Alexander Medina Seaver decreased its stake in Computer Programs & Systems Inc (CPSI) by 46.49% based on its latest 2017Q4 regulatory filing with the SEC. Stadium Capital Management Llc sold 581,148 shares as the company’s stock declined 0.76% with the market. The hedge fund run by Alexander Medina Seaver held 668,933 shares of the technology company at the end of 2017Q4, valued at $20.10M, down from 1.25M at the end of the previous reported quarter. Stadium Capital Management Llc who had been investing in Computer Programs & Systems Inc for a number of months, seems to be less bullish one the $424.10M market cap company. The stock decreased 1.10% or $0.35 during the last trading session, reaching $31.4. About 59,713 shares traded. Computer Programs and Systems, Inc. (NASDAQ:CPSI) has risen 5.42% since May 18, 2017 and is uptrending. It has underperformed by 6.13% the S&P500.

Analysts await Computer Programs and Systems, Inc. (NASDAQ:CPSI) to report earnings on August, 2. They expect $0.48 EPS, up 37.14% or $0.13 from last year’s $0.35 per share. CPSI’s profit will be $6.48M for 16.35 P/E if the $0.48 EPS becomes a reality. After $0.47 actual EPS reported by Computer Programs and Systems, Inc. for the previous quarter, Wall Street now forecasts 2.13% EPS growth.

More recent Computer Programs and Systems, Inc. (NASDAQ:CPSI) news were published by: Businesswire.com which released: “CPSI Announces First Quarter 2018 Results” on May 03, 2018. Also Businesswire.com published the news titled: “Product Vision Takes Center Stage at the CPSI 2018 National Client Conference” on May 15, 2018. Seekingalpha.com‘s news article titled: “Computer Programs & Systems (CPSI) Q1 2018 Results – Earnings Call Transcript” with publication date: May 04, 2018 was also an interesting one.

Among 14 analysts covering Computer Progams & Systems (NASDAQ:CPSI), 3 have Buy rating, 2 Sell and 9 Hold. Therefore 21% are positive. Computer Progams & Systems had 38 analyst reports since July 31, 2015 according to SRatingsIntel. Piper Jaffray maintained the stock with “Hold” rating in Friday, February 9 report. RBC Capital Markets maintained the shares of CPSI in report on Monday, November 30 with “Sector Perform” rating. The firm earned “Hold” rating on Friday, August 4 by Oppenheimer. The rating was upgraded by Topeka Capital Markets to “Buy” on Friday, January 29. As per Thursday, September 22, the company rating was maintained by Citigroup. RBC Capital Markets maintained the stock with “Sector Perform” rating in Monday, November 2 report. The rating was upgraded by SunTrust on Monday, December 14 to “Buy”. Robert W. Baird maintained Computer Programs and Systems, Inc. (NASDAQ:CPSI) on Thursday, August 31 with “Hold” rating. Topeka Capital Markets maintained the stock with “Hold” rating in Friday, October 30 report. The firm earned “Sector Perform” rating on Wednesday, May 11 by RBC Capital Markets.

Investors sentiment increased to 1.25 in 2017 Q4. Its up 0.29, from 0.96 in 2017Q3. It improved, as 8 investors sold CPSI shares while 36 reduced holdings. 18 funds opened positions while 37 raised stakes. 12.60 million shares or 3.71% more from 12.15 million shares in 2017Q3 were reported. Aperio Gp Limited Liability Co owns 16,682 shares for 0% of their portfolio. New York State Teachers Retirement Systems accumulated 9,955 shares. State Board Of Administration Of Florida Retirement System holds 6,880 shares. Guggenheim Limited Liability Company owns 0% invested in Computer Programs and Systems, Inc. (NASDAQ:CPSI) for 33,395 shares. Gradient Ltd Liability stated it has 10 shares or 0% of all its holdings. Financial Bank Of Mellon accumulated 0% or 201,482 shares. National Bank & Trust Of Montreal Can accumulated 4,638 shares. D E Shaw And Inc reported 0% stake. Pnc Financial Ser Gru holds 0% or 436 shares in its portfolio. Citadel Limited Com invested in 0% or 21,243 shares. Lsv Asset accumulated 0% or 56,300 shares. Deutsche Financial Bank Ag holds 28,192 shares or 0% of its portfolio. Tiaa Cref Invest Mgmt Ltd Liability Corp holds 43,539 shares. Manufacturers Life Insurance The holds 9,153 shares or 0% of its portfolio. Francisco Partners Mngmt Lp, California-based fund reported 1.47 million shares.

Stadium Capital Management Llc, which manages about $639.76 million and $184.36 million US Long portfolio, upped its stake in Ascena Retail Group Inc (NASDAQ:ASNA) by 2.82M shares to 17.57M shares, valued at $41.29 million in 2017Q4, according to the filing.

Since March 12, 2018, it had 0 insider buys, and 8 selling transactions for $1.03 million activity. DYE DAVID A sold $148,600 worth of stock or 5,000 shares. Another trade for 4,124 shares valued at $122,029 was made by SCHNEIDER VICTOR S on Thursday, March 15. 3,478 shares were sold by DOUGLAS JOHN B JR, worth $110,844 on Friday, May 11. Another trade for 9,497 shares valued at $287,449 was sold by Rosser Troy D. $36,621 worth of Computer Programs and Systems, Inc. (NASDAQ:CPSI) was sold by Fowler Christopher L.

Since March 14, 2018, it had 2 insider purchases, and 2 sales for $4.63 million activity. On Friday, April 20 the insider Hart Gregory L sold $144,000.

Investors sentiment decreased to 0.66 in 2017 Q4. Its down 0.05, from 0.71 in 2017Q3. It fall, as 61 investors sold UAL shares while 193 reduced holdings. 64 funds opened positions while 104 raised stakes. 260.19 million shares or 5.52% less from 275.39 million shares in 2017Q3 were reported. Pub Employees Retirement Association Of Colorado has 20,957 shares. Blackrock Inc owns 20.18M shares or 0.06% of their US portfolio. Moreover, Manatuck Hill Prns Limited Liability has 0.7% invested in United Continental Holdings, Inc. (NYSE:UAL) for 20,000 shares. Intact Invest Management has invested 0.01% in United Continental Holdings, Inc. (NYSE:UAL). First Interstate Bankshares accumulated 39 shares. Cibc Asset has 27,967 shares. Monroe State Bank And Mi reported 0% of its portfolio in United Continental Holdings, Inc. (NYSE:UAL). Pub Sector Pension Invest Board, a Quebec – Canada-based fund reported 13,853 shares. Howe And Rusling, New York-based fund reported 29 shares. Moreover, Duncker Streett & Com has 0% invested in United Continental Holdings, Inc. (NYSE:UAL). Pinebridge Invests Lp, New York-based fund reported 126,967 shares. Shell Asset Mgmt owns 12,126 shares or 0.02% of their US portfolio. Parkside Bancorporation And has invested 0% in United Continental Holdings, Inc. (NYSE:UAL). Deutsche Fincl Bank Ag has 0.02% invested in United Continental Holdings, Inc. (NYSE:UAL) for 427,581 shares. Dupont Management owns 1,094 shares.

Among 23 analysts covering United Continental (NYSE:UAL), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. United Continental had 107 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Underweight” rating on Wednesday, November 1 by JP Morgan. The stock of United Continental Holdings, Inc. (NYSE:UAL) earned “In-Line” rating by Imperial Capital on Friday, October 20. Cowen & Co maintained it with “Market Perform” rating and $75 target in Tuesday, April 11 report. The stock has “Mkt Perform” rating by Bernstein on Tuesday, October 11. As per Wednesday, January 11, the company rating was maintained by UBS. The company was maintained on Wednesday, April 18 by Cowen & Co. Deutsche Bank downgraded United Continental Holdings, Inc. (NYSE:UAL) rating on Friday, April 1. Deutsche Bank has “Hold” rating and $62 target. As per Wednesday, January 24, the company rating was downgraded by Evercore. Cowen & Co maintained it with “Outperform” rating and $65 target in Friday, January 22 report. Imperial Capital maintained the stock with “Outperform” rating in Wednesday, October 12 report.

Computer Programs and Systems, Inc. (NASDAQ:CPSI) Institutional Positions Chart

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